Regionally led private sector growth may have become a pipe dream

When Caricom heads of government met in Antigua earlier this month they had held a “frank and enthusiastic” exchange with selected leaders of industry and commerce.

Who was present, whether this included the organisations that represent the region’s leading economic sectors, or how those present were selected, was not reported, but the objective, Caricom suggested, was to encourage their involvement in stimulating growth and buttressing the desire of heads for greater private sector investment, public-private partnerships and an improved business environment.

Much of the discussion revolved around the vexed issue of what is known as the enabling environment –